#Cybersecurity #Stock News: Safe-T Group (NASDAQ: $SFET) Announces Corporate Rebranding Changes Name to Alarum Technologies Ltd. to Reflect Core Values of its Growing Business; @SafeTGroupltd

#Cybersecurity #Stock News: Safe-T Group (NASDAQ: $SFET) Announces Corporate Rebranding Changes Name to Alarum Technologies Ltd. to Reflect Core Values of its Growing Business; @SafeTGroupltd

 

Tel Aviv, Israel - January 12, 2023 (Investorideas.com Newswire) Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced a corporate rebranding in response to accelerated company growth. At the heart of this rebranding is a change of the Company’s name to Alarum Technologies Ltd. to embody its corporate vision and core values.

 

Read this news, featuring SFET in full at https://www.investorideas.com/news/2023/defense/01121SFET-Rebranding-to-Alarum-Technologies.asp

 

The new name, Alarum, is derived from the Latin word for "warning" and is rooted in the Company's focus and commitment to provide advanced privacy and cybersecurity solutions.

Over the past 18 months, the Company anchored its position as the market leader of cybersecurity and privacy solutions. It has experienced significant growth, which reflects the increasing recognition by private and enterprise customers that choose the value-added benefits of the Company's various solutions. The rebranding as Alarum better reflects the Company's current business as a provider of cybersecurity and privacy solutions for consumers and enterprises, and better expresses the Company's evolving identity and diversified growth ambitions.

 

Chief Executive Officer, Shachar Daniel, commented: "At Alarum, our mission is to enable a secure network environment and protect organizations and individuals from privacy breaches and cyber-attacks. Our commitment to our customers, partners and shareholders remains our highest priority and we are excited to embark on this new chapter under the Alarum brand."

 

The rebranding includes a new name and an update to the Company's corporate logo and website. Alarum's Nasdaq and TASE trading symbols will change to ALAR. The Company will continue to trade under its current name until regulatory processes are finalized. The Company expects the transition to be completed and take effect on January 25, 2023. There will be no change to the Company's CUSIP number.

 

"Over the past two years we have taken substantial steps to become the company we are today - a strong privacy and cybersecurity provider, serving both enterprises and consumers around the world, and presenting continuous growth in revenue. Our rebranding to Alarum is consistent with our business direction and targets we are aiming for in the next few years", said Shachar Daniel.

 

About Safe-T Group Ltd.

Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) is a global provider of digital privacy and cyber-security and solutions. The Company operates in two distinct segments: solutions for enterprises and solutions for consumers.

 

NetNut Ltd., our privacy solutions for enterprises are based on our world's fastest and most advanced and secured proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

Our cybersecurity and privacy solutions for consumers provide privacy blanket against online threats as well as a powerful, secured, and encrypted connection, masking users' online activity and keeping them safe from hackers. The solutions are designed for basic and advanced use cases, ensuring complete protection of personal and digital information.

The Company's previous developed cybersecurity solutions for enterprises are offered by an information security provider, as a solution or cloud service.

 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements in this press release when it discusses its rebranding, the change of its name, trading symbols and timing thereof, its growth and the increasing recognition by private and enterprise customers, its mission, business direction and targets. Because such statements deal with future events and are based on Safe-T's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Safe-T's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 29, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

INVESTOR RELATIONS CONTACTS:

Michal Efraty
+972-(0)52-3044404
michal@efraty.com

 

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products. This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring SFET is a paid for news release on Investorideas.com, part of the monthly content program. More disclaimer info: https://www.investorideas.com/About/Disclaimer.aspLearn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#AIEye #Podcast 749: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE)

 

 

#AIEye #Podcast 749: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE)

 

GBT Receives Facial/Body Recognition Patent, and NICE’s NEVA Discover Employs Advanced AI

 

Global #AI Market to Reach $1.84T by 2030

 

Vancouver, Kelowna, Delta, BC – January 10, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/011023-AI-Eye.mp3

 

read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/01101GTCH-NICE.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:NICE)

 

GBT Technologies Inc. (OTC PINK:GTCH), along with its joint venture GBT Tokenize Corp., has received its facial and body recognition patent, which “illustrates an innovative technology for learning, identifying, and recognizing an image's features, such as a human face or body.” Danny Rittman, the company’s CTO, explained:

 

"We believe image recognition has become an increasingly important topic when it comes to security and law enforcement applications. We believe our advanced surveillance technologies can be used to protect the public safety, particularly in crowded places like airports, conventions and shopping centers. Our patent describes a wide range of unique methods and concepts to identify the features of humans and objects including the detection of hidden, harmful objects or persons-of-interest. Another possible useful application is facial identification for locking/unlocking electronic devices. As security systems have been significantly evolving in the past decades, particularly for mobile devices and computers, we believe this type of technology could potentially offer a powerful protection layer against privacy and data theft."

 

NICE Ltd. (NasdaqGS:NICE) has announced new RPA (Robotic Process Automation) capabilities in its latest release, which leverages AI to identify focused opportunities for automation. Called NEVA Discover, NICE’s new AI-powered discovery tool employs advanced AI “to produce actionable insights to optimize business processes, improve effectiveness and efficiency, and empower employees to meet their key performance indicators.” Barry Cooper, President, CX Division, NICE, said:

 

"NEVA Discover’s new capabilities demonstrate the power of AI in delivering actionable automation opportunities to empower employees and ultimately help brands master CXi (Customer Experience interactions). Process optimization with NEVA Discover is not a one-time event. It is a cycle of continuous improvement, with ongoing measurement of the impact of each change, to create exponential value."

 

Global AI Market to Reach $1.84T by 2030

 

Research published by ReportLinker finds that the global market for Artificial Intelligence is projected to grow from $95.6 billion USD in 2021 to $1.84 trillion by 2030, registering a compound annual growth rate (CAGR) of 32.9 percent in the forecast period 2022-30. The following excerpt from the report’s summary outlines some key factors promoting the market’s growth:

 

Growing urbanization, the need for efficient management & utilization of resources, demand for fast & efficient transport and commute, public safety concerns, and rising demand for a healthy environment with efficient energy consumption propel the demand for smart cities, driving the growth of the AI market.

 

In addition, AI has been extensively utilized in smart home infrastructure management for gathering data from home automation devices, predicting user behavior, providing maintenance information, and enhancing data security and privacy.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

Disclosure: GTCH is a paid for  AI featured stock on our site.  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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How #Fintech Companies (NASDAQ: $APCX) (NASDAQ: $INTU) (NYSE: $SQ) (NASDAQ: $SOFI) Can Provide Better #Business and #PaymentSolutions for the Future @AppTechCorp @Intuit @Square @SoFi

How #Fintech Companies (NASDAQ: $APCX) (NASDAQ: $INTU) (NYSE: $SQ) (NASDAQ: $SOFI) Can Provide Better #Business and #PaymentSolutions for the Future @AppTechCorp @Intuit @Square @SoFi

 

Vancouver, Kelowna, Delta, BC -January 10, 2023 - Investorideas.com, a leading investor news resource covering fintech stocks releases a special report on the growth of the fintech industry.  As new problems affect small and large businesses and traditional banking methods simply aren’t effective, new companies like AppTech Payments Corp. (NASDAQ: APCX) are aiming to be the leading solution platforms of the future.  

 

Read this article. Featuring APCX in full at https://www.investorideas.com/news/2023/technology/01101Fintech-Companies-Payment-Solutions.asp

 

A recent Forbes article titled, “How Should The Fintech Industry React To A Global Recession?” discussed how “as technology continues to quickly advance, I believe the innovative solutions provided by fintech companies are becoming even more essential to the financial services industry. A growing tech-savvy audience looks to be served by technological advancements that offer data-driven solutions based on market trends and their behavior. Additionally, this revolution is advancing financial inclusion and broadening services across all industries, helping drive the development of the sector.”

 

The article continued, saying, “Leaders in the fintech industry can promote economic growth by expanding financial opportunities for a variety of industries and by satisfying the needs of a younger demographic. Fintech can also benefit other companies by enhancing payment methods and customer relationship management.”

 

AppTech Payments Corp. (NASDAQ: APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences.

 

“The AppTech platform represents the type of financial technology required to rapidly launch innovative and scalable solutions. From traditional businesses to Fintech startups dialed into web3, AppTech is a must have,” commented Amiya Diwan, SaaS Entrepreneur.

 

The company also recently held a Fireside Chat between AppTech CEO, Luke D’Angelo, and CNBC and Fox Business Network Market Analyst Kenny Polcari. Polcari sat down with D’Angelo to discuss future growth and outline the most recent Company events. Viewers can watch the interview here: https://www.youtube.com/watch?v=7wtwhYGv4Bs

 

AppTech was also recently viewed on Fox business as one of the best long-term companies to have in your five-year stock plan, seen here: http://video.foxbusiness.com/v/6317511890112/.

 

TurboTax from Intuit Inc. (NASDAQ: INTU),  the global technology platform that makesTurboTax, QuickBooks, Credit Karma, and Mailchimp, recently announced its new 2023 brand campaign, "Come to TurboTax." The integrated campaign reminds people that they can come to TurboTax and not do their taxes. Instead they can meet with a dedicated TurboTax Expert while they do their taxes for them, so they can get back to: Not Taxes.

 

"After decades of leadership in the online tax preparation category, TurboTax has become synonymous with DIY. With this year’s campaign, we’re changing that narrative by letting customers know they can come to TurboTax and NOT do their taxes," said Cathleen Ryan, SVP of Marketing for Intuit TurboTax. "We believe that TurboTax has the best assisted tax experience in the market. People can sit down from the comfort and privacy of home and in one meeting, have their taxes prepared, signed, filed and then get back to doing what they love: Not Taxes."

 

This is the third year the brand campaign is focused on the company's TurboTax Live offerings. Leveraging Intuit’s AI-driven expert platform, TurboTax Live matches filers with a tax expert with the experience to handle their unique tax situation, who, in just one meeting, will prepare, sign and file their taxes for them. No more waiting or wondering, just taxes done right and off the mind.

 

The Come to TurboTax" campaign has a total of seven films and will culminate with a spot in the NFL Super Bowl LVII, the brand’s tenth year in The Big Game. In addition, TurboTax will once again be the presenting sponsor of both the AFC and NFC Divisional and Championship Games. The integrated campaign will span broadcast, digital, audio and social with digital partnerships with Roku, Twitch, Spotify, and BuzzFeed. TurboTax will also be one of the brands to run media on the recently launched Netflix ad supported plan, giving the brand the opportunity to reach the highly engaged Netflix audience throughout the tax season.

 

This year, over the Black Friday and Cyber Monday weekend, two subsidiaries of Block, Inc. (NYSE: SQ) Square and Afterpay, reported that their sellers saw more than 61M transactions as consumers globally kicked off the holiday shopping season. Square and Afterpay’s Festive Forecast report indicated that nearly 80% of consumers intend to spend the same if not more compared to last year, signaling that sellers should continue to prepare for buyer demand during the holidays.

 

The peak minute for shopping occurred on Monday, November 28 at 11:15 am ET. Cities with the largest volume of sales were New York & Brooklyn, London, Los Angeles, San Francisco, Chicago, and Toronto. As for staffing over the busy shopping weekend, Square found a 19% increase in the number of employees who worked, with more than 260,000 employees working a total of 3.8M hours; the average employee clocked around 14 hours.

 

"The Black Friday and Cyber Monday weekend kicks off the biggest shopping season for businesses – but it’s only the beginning," said Alyssa Henry, Head of Square. "We’re entering a pivotal month for businesses to end the year with strong momentum, especially given recent headwinds. Sellers should leverage multiple revenue streams across online and in-person to ensure a successful holiday season, using software like marketing and loyalty programs to keep their business top of mind and to attract customers."

 

Transactions of Buy Now, Pay Later (BNPL) methods through Afterpay grew 120% compared to pre-holiday across online and in-person. This is in line with findings from Square and Afterpay’s Festive Forecast report where one in six Americans reported that they planned to use BNPL during the gift-giving period.

 

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), last month announced the launch of Galileo Direct Deposit Switch. Powered by Atomic, the infrastructure provider for connecting with payroll accounts, Galileo’s Direct Deposit Switch functionality gives the company’s fintech clients an opportunity to better serve consumers by offering faster access to their wages and a more streamlined approach to redirecting part or all of their paychecks into a financial services accounts of their choice.

 

With Galileo Direct Deposit Switch, customers can quickly and easily set-up and update their payroll direct deposit information, specify how much of their wages to deposit in their accounts, create accounts for specific purposes, including a vacation or education fund, and make recurring deposits to multiple accounts. The new financial feature also eliminates processing delays, gives users peace of mind by instantly verifying requests, and empowers workers with greater control over where they route their funds.

 

Approximately 93% of U.S. consumers receive their paycheck by direct deposit. However, the direct deposit experience is laden with manual friction that commonly occurs during onboarding when workers join a new employer or request to update their disbursements, such as changing their primary account on file or splitting their paycheck routing across two or more accounts.

 

"Recent Galileo research shows people are keeping money in more accounts, and they want fast, flexible ways to move and manage their money," said David Feuer, Chief Product Officer at Galileo. "We are proud to partner with Atomic to help our bank and fintech clients simplify direct deposit onboarding, drive higher customer lifetime value and boost access to financial services that will enhance everyone’s financial future. As we continue to accelerate digital banking, Galileo Direct Deposit Switch will be the best way to drive value for our clients’ ledgers."

 

"For financial institutions and fintech firms, a steady deposit stream is key to account profitability. These benefits extend to businesses as they look to leverage digitized and automated direct deposit payroll processes that present enormous financial opportunities," said Lindsay Davis, Head of Markets for Atomic. "Clients leveraging payroll connectivity solutions, such as direct deposit switching, have seen as high as a 3-4X lift on direct deposit acquisition when benchmarked to other solutions."

 

Galileo Direct Deposit Switch is available for most top employers and incumbent payroll providers, bespoke enterprise solutions, modern HR tech providers, gig-economy platforms and government systems via Atomic’s network of payroll coverage. To learn more about embedding this financial feature as part of a broader approach to eliminating friction, activating newly onboarded clients and giving existing customers simpler options for directing their payroll funds, download Galileo's new resource, The Payments Growth and Activation Playbook.

 

From a recent BloombergLaw article: “A 2021 study shows that more than 50% of loans to Black-owned businesses under the pandemic’s Paycheck Protection Program came from fintech lenders—doubling such lending executed from manual-process small banks. The improvement is easy to understand. Automation can empower smaller lenders, increase financial inclusion, and reduce reliance on payday lenders.”

 

AI tools can tap into a cache of data not used in traditional credit reports to create more accurate risk assessments essential to obtaining credit and other financial services.

 

As many indicators point to a possible recession ahead, Fintech companies may provide some much needed lending and support solutions for both small businesses as well as their consumers which could be a great thing for this market segment as well as individual financial freedom.

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles.. Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring APCX is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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